The dossier · N9042Avena Score 59 · scored this morning
New Homes with Sea Views in Castillo de Lagos, Eastern Costa del Sol in Vélez Málaga, Málaga
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Townhouse · Vélez Málaga, Málaga· Costa del Sol

New Homes with Sea Views in Castillo de Lagos, Eastern Costa del Sol

by Via Avena Estate

435,000

Under construction · Completion 2028-Q3

Observed price record

Observed by Avena at €435,000, unchanged across 21 checks since 8 April 2026.

Source: Avena daily capture · 8 April 202624 August 2026

Avena Score
59
Rank #8 of 14 in Vélez Málaga, Málaga
You save
61,465
12% vs marketWhat this meansThis property prices at 4,579/m² versus the Vélez Málaga, Málaga town median of 5,226/m². The gap is the discount — vs local market, not vs asking price.Why the gap existsMost Avena deals stack two sources of value:· Developer-direct — sourced from the developer, not via retail agencies, so the listed price excludes the 5–10% middleman markup.· Below comp — the unit itself prices under the town median €/m², either because the developer is moving inventory or the comp mix favours larger/older stock.Stacked, that's typically 10–25% below what the same square metre would cost on idealista or a retail portal.Full methodology →
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Key statistics.

Price
€435,000
Bedrooms
3
Bathrooms
2
Built m²
95
Price / m²
€4,579
Beach
0.1 km

Investment sub-scores.

Value 40%70
Yield 25%20
Location 20%76
Quality 10%84
Risk 5%55

Estimated rental yield.

Gross yield
2.3%
Net 1.0%
Annual income
10,080
Net €4,217
Weekly rent
630

What this assumes

16 rental weeks a year (112 nights, 31% annual occupancy) at €90/night. Short-term letting rates and occupancy for Vélez Málaga are sourced from Estimated; a 20% new-build premium is applied to the nightly rate. Summer alone is roughly 11 weeks, so this figure assumes the shoulder season lets as well.

Gross yield is before costs. Net yield deducts 10% vacancy, 15% management, community fees, insurance, IBI and 19% non-resident tax — the full breakdown is in Terminal. Every figure here is an estimate from market data, not a guaranteed return, and a tourist licence is required to let short-term in most municipalities.

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